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Growth in Companion Animal Population and Rising Pet Health Expenditure to Drive the Market

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Global Veterinary Electrosurgery Market

Global Veterinary Electrosurgery MarketGlobal Veterinary Electrosurgery Market

Global Veterinary Electrosurgery Market

Dublin, Nov. 20, 2023 (GLOBE NEWSWIRE) — The “Global Veterinary Electrosurgery Market by Product (Bipolar, Monopolar, Consumables), Application (General, Gynecology, Dental, Orthopedic, Ophthalmic), Animals, End-user (Vet. Hospital, Clinic), Key Stakeholder & Buying Criteria, Unmet Needs, and Region – Forecast to 2028” report has been added to ResearchAndMarkets.com’s providing.

The international veterinary electrosurgery market is valued at an estimated USD 85 million in 2023 and is projected to achieve USD 120 million by 2028, at a CAGR of seven.3% through the forecast interval.

The veterinary electrosurgery market is propelled by the growing want for precision in animal surgical procedures. Advanced electrosurgical know-how permits veterinarians to carry out procedures with decreased tissue harm and enhanced coagulation, leading to faster recoveries and decrease complication charges. The rising pet inhabitants, coupled with a surge in specialised veterinary care, drives the market. Additionally, technological developments corresponding to AI integration, security enhancements, and specialised instrument improvement are key drivers, making certain electrosurgery’s prominence in veterinary medication for delivering superior surgical outcomes.

Market Dynamics

Drivers

  • Increasing Animal Healthcare Expenditure and Rising Demand for Pet Health Insurance

  • Rising Number of Veterinary Practitioners Across Mature Markets

  • Growth in Companion Animal Population

Restraints

Opportunities

Challenges

The bipolar devices phase is projected to witness the best progress within the veterinary electrosurgery market, by merchandise, through the forecast interval

The veterinary electrosurgery market might be broadly categorised into monopolar devices, bipolar devices, and consumables & equipment, relying on the product. The veterinary electrosurgery market by product was dominated by the bipolar devices phase in 2022. The bipolar veterinary electrosurgery market thrives as a result of demand for exact, localized tissue management in animal surgical procedures. Technology developments, together with AI integration and improved security options, drive its progress, making certain safer and extra environment friendly surgical procedures in veterinary medication.

The small animals phase, by product sort, has the best charge through the forecast interval

Small animals and huge animals make up the veterinary electrosurgery market by animal sort. In 2022, the marketplace for veterinary electrosurgery was dominated by the small animals class. The rising pet inhabitants, coupled with technological developments like AI integration and security enhancements, drives the adoption of electrosurgery for higher outcomes in small animal surgical procedures.

Asia-Pacific market to witness the best progress through the forecast interval

During the forecast interval, APAC is anticipated to develop on the quickest charge. The main components selling the expansion of the veterinary electrosurgery market on this area are the rising variety of animal inhabitants, rising per capita earnings, rising investments within the animal healthcare business by key gamers, growing calls for for superior applied sciences, and growth of personal sector veterinary hospitals in varied nations within the Asia-Pacific.

Key Attributes:

Report Attribute

Details

No. of Pages

226

Forecast Period

2023 – 2028

Estimated Market Value (USD) in 2023

$85 Million

Forecasted Market Value (USD) by 2028

$120 Million

Compound Annual Growth Rate

7.3%

Regions Covered

Global

Key Topics Covered:

Executive Summary

  • Veterinary Electrosurgery Market, by Product, 2023 vs. 2028 (USD Million)

  • Veterinary Electrosurgery Market, by Application, 2023 vs. 2028 (USD Million)

  • Veterinary Electrosurgery Market, by Animal Type, 2023 vs. 2028 (USD Million)

  • Veterinary Electrosurgery Market, by End-user, 2023 vs. 2028 (USD Million)

  • Geographical Snapshot: Veterinary Electrosurgery Market

Premium Insights

  • Veterinary Electrosurgery Market Overview – Growth in Companion Animal Population and Rising Pet Health Expenditure to Drive Market During Forecast Period

  • North America: Veterinary Electrosurgery Market, by Product (2022) – Bipolar Instruments Segment Accounted for Largest Market Share in 2022

  • Veterinary Electrosurgery Market: Geographic Growth Opportunities – China to Register Highest Growth Rate During Forecast Period

  • Veterinary Electrosurgery Market: Developed vs. Emerging Markets – Emerging Markets to Register Higher Growth Rates During Forecast Period

Industry Trends

Technology Analysis

  • Advanced Bipolar Vessel Sealing Systems

  • Adoption of Big Data and Animal Wearable Devices

  • Use of AI in Veterinary Electrosurgery

Case Study Analysis

  • Case Study 1: Estimating Market Size of Veterinary Diagnostics Products and Market Share Analysis for Key Products (Country-Level)

  • Case Study 2: Estimating Market Size of Veterinary Surgical Instruments and Market Share Analysis for Key Products (Country-Level)

Company Profiles

  • Medtronic PLC

  • B. Braun Melsungen AG

  • Integra Lifesciences

  • Olympus Corporation

  • Covetrus, Inc.

  • Symmetry Surgical, Inc.

  • Avante Animal Health

  • Summit Hill Laboratories

  • Burtons Medical Equipment Ltd.

  • Eickemeyer

  • Kls Martin Group

  • Macan Manufacturing

  • Xcellance Medical Technologies Pvt. Ltd.

  • Alsa Apparecchi Medicali Srl

  • Kentamed Ltd.

  • Promise Technology Co. Ltd.

  • Shanghai Huifeng Medical Instrument Co. Ltd.

  • Kwanza Veterinary

  • Keebovet Veterinary Ultrasound Equipment

  • LED S.p.A.

  • Karl Storz

  • Heal Force

  • Special Medical Technology, Co. Ltd.

  • Beijing Taktvoll Technology Co. Ltd.

  • Nanjing Shouliang-Med Technology Co. Ltd.

  • Alan Electronic Systems Pvt. Ltd.

  • Deltronix Medical Devices

For extra details about this report go to https://www.researchandmarkets.com/r/cxcr9n

About ResearchAndMarkets.com
ResearchAndMarkets.com is the world’s main supply for worldwide market analysis experiences and market information. We offer you the latest information on worldwide and regional markets, key industries, the highest firms, new merchandise and the latest tendencies.

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